Brazil: Soybean export estimate in April drops to 13.736 million tons

Published 2023년 4월 25일

Tridge summary

The National Association of Cereal Exporters (Anec) has revised its April export projections, reducing soybean shipments from 15.152 million tons to 13.736 million tons. The association has also lowered its forecasts for soy and wheat bran exports and increased corn exports projections. In March, Brazil exported 14.421 million tons of soybeans, 1.795 million tons of soy bran, 780.9 thousand tons of corn, and 603.1 thousand tons of wheat. For the week of April 23 to 29, Anec anticipates soy shipments of 3.911 million tons and bran shipments of 685.3 thousand tons, but does not expect any corn or wheat shipments.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Clarice Couto São Paulo, 04/25/2023 - The National Association of Cereal Exporters (Anec) reduced its projection of soybean shipments in April to 13.736 million tons, compared to 15.152 million tons estimated last week. In March, the country shipped 14.421 million tons of soybeans abroad, according to the association. Anec also cut export forecasts for soy and wheat bran and raised corn. In the case of bran, the expectation now is that 1.856 million tons will be shipped to the foreign market in April, below the 2.043 million tons projected a week ago. Last month, the volume of the derivative exported was 1.795 million tons. As for corn, the association once again projected shipments of 207.1 thousand tons this month, the same volume expected two weeks ago. Last week, the entity had cut its projection to 186.6 thousand tons. In March, Brazil exported 780.9 thousand tons of corn. Regarding wheat, the updated estimate for April is 207.6 thousand tons exported, against 237.6 ...
Source: Broadcast

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